GOLD 0.51% $1,391.7 gold futures

But that’s the difference between paper gold and actual...

  1. 6,116 Posts.
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    But that’s the difference between paper gold and actual gold...supply of the former is infinite whilst real gold supply is finite. I actually think this is something to do with the Basel III rule change later this year. If you want to retain gold as a tier 1 asset it needs to be 85% backed by cash...paper gold only requires 5% max
    Last edited by sergeant: 03/03/21
 
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